Announced Sat, 19 Sept, 2026 · 20:07 IST
Refex clarifies ash lifting contract is 10 Lakh MT, not 10 MT, worth Rs 160 cr
REFEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.8%1-day move
₹272.00
prior close
₹281.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.2+1.9+0.6+1.1+6.8+5.1+4.1+4.5+1.1-2.2————
Up moveDown movePending
AI summary
Refex Industries issued a correction to its September 19 disclosure. The earlier filing mistakenly said 10 Metric Tonnes; the correct quantity is 10 Lakh Metric Tonnes for lifting pond ash and fly ash. The contract is from a Public Sector Undertaking in Madhya Pradesh, valued at about INR 160 crores, to be executed over 18 months extendable by mutual consent. No change in underlying contract terms.
Likely market impact
Confirms a Rs 160 crore domestic order; typo correction has no impact on contract value or scope.